APCIA, RAA Testify Before Senate Committee on Property Insurance Market September 7, 2023 By Chad Hemenway The American Property Casualty Insurance Association (APCIA) and the Reinsurance Association of American together presented testimony in Washington today on...
People Moves: Nutter to Retire as RAA President; Covington Appointed to Take the Helm September 6, 2023 The Reinsurance Association of America (RAA) on Wednesday said its long-time president, Frank Nutter, will retire at the end of...
Reinsurance Association Releases Paper on California Homeowners Insurance Market, Urges Policymakers Consider Risks of Inaction September 5, 2023 The Reinsurance Association of America has come out with a white paper on the California homeowners insurance market that urges...
Man-Made Crises Threaten P/C Markets, Says Joint Report From Trade Associations August 24, 2022 By Chad Hemenway Several insurance industry trade associations used the 30th anniversary of Hurricane Andrew – a storm that upended and transformed insurance...
Activist Group Says U.S. Insurers Trying to Weaken Climate-Related Regulations May 12, 2022 By Don Jergler A number of businesses within the U.S. insurance sector are trying to weaken or delay emerging climate-related insurance regulation at...
Reinsurance Group Head Puts Science in Climate Change Discussion January 7, 2016 By Don Jergler Asked for his thoughts on climate change, Frank Nutter expeditiously turned to science. His sphere of influence is far-ranging as...
Another Climate Report Outlines Business Risks, Insurance Pitfalls June 26, 2014 By Don Jergler “Risky Business: The Economic Risks of Climate Change to the United States,” a report on climate change and how it...
U.S. Reinsurance Sector’s Profit Jumps 32% to $4.76B for 2013 First Half September 5, 2013 The Reinsurance Association of America (RAA)’s latest survey shows a group of 18 U.S. property/casualty reinsurers posted $4.756 billion net...
RAA: U.S. Reinsurers Had Higher Profits, Improved Underwriting Results in 2012 March 15, 2013 The Reinsurance Association of America (RAA) said a group of 19 U.S.-based property/casualty reinsurers reported higher net written premiums and...
Insurers Seek Delay in Financial Rules Until Insurance Posts Filled February 9, 2011 The insurance industry is asking the Obama Administration to slow down on rules for deciding whether insurers and other nonbank...